Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 3 points (0.0%) at 15,304 as of Thursday, May 23, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 979 issues advancing vs. 1,985 declining with 110 unchanged.

The Consumer Non-Durables industry currently sits down 0.33 versus the S&P 500, which is down 0.37.

TheStreet Ratings group would like to highlight 4 stocks pushing the industry lower today:

4. Owens-Illinois ( OI) is one of the companies pushing the Consumer Non-Durables industry lower today. As of noon trading, Owens-Illinois is down $0.71 (-2.5%) to $28.03 on average volume Thus far, 509,401 shares of Owens-Illinois exchanged hands as compared to its average daily volume of 1.3 million shares. The stock has ranged in price between $27.84-$28.49 after having opened the day at $28.29 as compared to the previous trading day's close of $28.74.

Owens-Illinois, Inc., through its subsidiaries, manufactures and sells glass container products to food and beverage manufacturers primarily in Europe, North America, South America, and the Asia Pacific. Owens-Illinois has a market cap of $4.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 33.2, above the S&P 500 P/E ratio of 17.7. Shares are up 35.1% year to date as of the close of trading on Wednesday.

TheStreet Ratings rates Owens-Illinois as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally higher debt management risk and poor profit margins. Get the full Owens-Illinois Ratings Report now.